Shambala

"No CEO dares say it, yet it must be said: The shaming is over. The 5
1/2-year humiliation of American business following the tech bubble's
burst and the Lay-Skilling-Fastow-Ebbers-Kozlowski-Scrushy perp walks
that will forever define an era has run its course. After the pounding
and the ridicule, penance has finally been done."

And Rep. Oxley of Sarbanes-Oxley fame now says ""Frankly, I would have written it differently, and he would have
written it differently," he added, referring to Sarbanes. "But it was
not normal times."

Wish he had said that 3 years ago - but sounds like we are back to "normal times" after pissing away billions on gun-to-the-head compliance spend.

So, I had to double check James Governor's post - SAP's Governance, Compliance and Risk (GRC) is the "new ERP" to make sure it was not dated 5 years ago. Like DUET - a bit after its time?

But then I read it's not just about SOX. He goes on to talk about exposure to pollution and a whole bunch of other emerging social responsibility expectations. And I go, may be GRC is 5 years ahead of is time.

Comments

"No CEO dares say it, yet it must be said: The shaming is over. The 5
1/2-year humiliation of American business following the tech bubble's
burst and the Lay-Skilling-Fastow-Ebbers-Kozlowski-Scrushy perp walks
that will forever define an era has run its course. After the pounding
and the ridicule, penance has finally been done."

And Rep. Oxley of Sarbanes-Oxley fame now says ""Frankly, I would have written it differently, and he would have
written it differently," he added, referring to Sarbanes. "But it was
not normal times."

Wish he had said that 3 years ago - but sounds like we are back to "normal times" after pissing away billions on gun-to-the-head compliance spend.

So, I had to double check James Governor's post - SAP's Governance, Compliance and Risk (GRC) is the "new ERP" to make sure it was not dated 5 years ago. Like DUET - a bit after its time?

But then I read it's not just about SOX. He goes on to talk about exposure to pollution and a whole bunch of other emerging social responsibility expectations. And I go, may be GRC is 5 years ahead of is time.